Please find below a list of comprehensive budget statements spanning 1998 through to 2018. Financial statement ministers speech online pdf download summary of 2011 budget measures policy changes pdf. Ghana s agricultural sector is characterized by low yields for both staple and cash crops. In the past two decades, it has taken major strides toward. Infrastructural development for accelerated growth and. Cabinet secretary to submit national government debt management strategy to parliament annually. Sowing the seeds for growth and jobs presented to parliament on thursday, 2nd march, 2017 by ken oforiatta minister for finance years on gh mobilising for ghana s future on the authority of his excellency nana addo dankwa akufoaddo. Analysis of incentives and disincentives for cocoa in ghana. Budget highlights of the government of ghana for the 2020 financial year presented to parliament on wednesday, th november 2019 by ken oforiatta minister for finance on the authority of his excellency nana addo dankwa akufoaddo, president of the republic of ghana theme. Full 2020 budget statement and economic policy the ghana. This tour includes spending time in pristine forest along the kakum canopy walkway and targets the whitenecked rockfowl and many of ghana s most. Right honourable speaker, honourable members of parliament, on the authority. Budget statement and economic policy of the government of ghana for the. Budget highlights key features union budget of india.
Medium term fiscal policy cum fiscal policy strategy statement. The 2020 budget, he said, highlights the importance of macroeconomic stability in helping the country achieve her development objectives saying that is the reason the fiscal responsibility act has been passed to check reckless decisionmaking and revealed that ghana is among the fastest growing economies in the world in the last two years. Next years budget implementation coincides with the 2020 elections and it is the. In addition, the fact that ghana successfully met all. The education reforms highlight the importance of continuous teacher development to. Ghana cocoa industryan analysis from the innovation. The empire became known in europe and arabia as the ghana empire after the title of its emperor, the ghana.
Allocations to some critical sectors of the economy are as follows. A citizens budget is a shortened and simplified version of the budget to parliament. Infrastructural development for accelerated growth and job creation the global economy and ghana 2. This paper discusses ghana s cocoa industry from the innovation systems perspective. Today march 2, 2017, the minister of finance, ken ofori atta presented the governments budget statement to parliament. Given the performance of revenues and expenditures for the first three quarters of 2011, the overall budget balance showed a deficit of gh. A budget is a financial plan for a business, prepared in advance. Summary of central government revenue and grants, 2012 26.
Outline of the supplementary budget for fy2012 january 15, 20 pdf. Pdf the extreme importance of health to development and social welfare place health high on. The theme for the budget is putting ghana back to work. A national designated authority nda operations manual and a. Ken oforiatta, ghana s finance minister, on november 2019. The finance minister, ken oforiatta presented the 2020 budget. Finally, for our budget birding tour we have cherrypicked the very best and most accessible birding sites of this fantastic country and packaged this in a shorter and more cost effective offering.
Macroeconomic policies that the government has pursued over the last few years, have shown posi tive results. The theme for the 2012 budget infrastructural development for accelerated growth and job creation is reflective of the government of ghana s continuing pursuit of its better ghana agenda. Ken oforiatta, presented the 2019 budget statement and economic policy to parliament on thursday 15 november, 2018. Kpmg in ghana we commend the governments commitment to fiscal rectitude as announced in the 2020 budget statement and economic policy the budget, which was presented to parliament by hon. The empire appears to have broken up following the 1076 conquest by the almoravid general abubakr ibnumar. The 2012 budget, which is the fourth for the cur rent administration, seeks to answer these ques tions focusing on infrastructure development as the take off point. Summary of central government operations and financing 2014 20. Highlights of the 2012 budget theme infrastructural development for accelerated growth and job creation page 2 theme of the budget. Ghana government revenues20122019 data 20202022 forecast historical chart. The budget was presented at a time the world economy was recovering from the food, energy and financial crises that had engulfed the globe in 20072008. This should assist in realising the desired accelerated economic growth, improved infrastructure and job creation. Highlights of budgetary development narrow coverage, januaryseptember 2011 provisional banking data on the execution of the 2011 budget show that by the thirdquarter of2011. The 2019 budget statement and economic policy is under the theme a stronger economy for jobs and prosperity. Key highlights of 2018 budget statement and economic policy.
Highlights of the 2012 budget ministry of finance ghana. There is a successor plan for the next term gsgda ii. The budget also covers a period of one year from 1st january to 31st december, referred to as the financial year. The budget statement and economic policy of the government of ghana for the theme. Budget the economy the 20 budget was based on the ghana shared growth and development agenda gsgda. Madam speaker, i beg to move that this august house approves the budget statement and economic policy of the government for the year ending 31st december 2012. Click to read the full budget statement and economic policy of the government of ghana for the 2020 financial year as presented to parliament. Ghana sits on the atlantic ocean and borders togo, cote divoire, and burkina faso. Attached is the highlight for the budget as is being presented to parliament. Highlights of the 2012 budget theme infrastructural development for accelerated growth and job creation page 7 overall budget balance and financing 21. This page provides the latest reported value for ghana government spending plus previous releases. The budget, the first under the nana akufoaddo administration, has been dubbed the asempa budget by supporters and is aimed at cutting taxation and unleashing economic growth.
Budget statement and economic policy to parliament on behalf of the president as required by the constitution of ghana. Moreover, in 2010 exports of cocoa butter and paste to the usa increased dramatically from 32 million usd to 86 million usd, most likely because of the higher quality of cocoa products produced in ghana gain, 2012. Read the 2017 budget statement of ghana full textpdf. The finance minister ken oforiatta is presenting the 2019 budget and economic policy in parliament in accordance with article 179 of the 1992 constitution today, thursday, 15 november 2018. Charterhouse condemns walestonebwoy battle at vgma read. Recurrent expenditure proposed for 2012 budget will consume a whopping 72% of the expenditure. A reduced kingdom continued to exist after almoravid rule ended, and the kingdom was later.
Budget highlights of the budget statement and economic policy of the government of ghana for the 2019 financial year presented to parliament on thursday, 15th november 2018 by ken oforiatta minister for finance. Budget 2011 documents published on 7th of december 2010 are available below. On the authority of his excellency nana addo dankwa akufoaddo, president of the republic of ghana. It consists of a list of all planned expenses and revenues. Kpmg 2019 budget highlights kpmg 2019 budget highlights the budget statement and economic policy of the government of ghana for the 2019 financial year was under the theme a stronger economy for jobs and prosperity. The budget highlights the removal of most of what the government of the new patriotic party npp considers nuisance taxes. The finance minister, ken oforiatta, presented the 2017 budget statement to parliament earlier today thursday, march 2. The cabinet secretary to report on national government guarantees. The republic of ghana is named after the medieval west african ghana empire. Theme infrastructural development for accelerated growth and job creation. Pmi plunges to record low in april on covid19 fallout. The ghana purchasing managers index pmi nosedived to an alltime low of 31.